Belgrade Theatre Annual Report 2017/18

Page 20

Coventry’s vibrant producing & presenting theatre.

THE IMPACT OF PUBLIC INVESTMENT 2017-18 The Belgrade Theatre is a charity. Public funding received from Arts Council England, Coventry City Council, fundraising from various Trusts and Foundations, and Charitable and Business Sponsorship, enables us to leverage considerably more from earned income generated through ticket and other sales.

We worked with over

£563k + £323k was paid in net VAT payments

83

was paid in Tax and NI

= £886k

artists from the UK’s talent pool in the creative industries

128

productions

directly paid to Government

159,213

people experienced a live performance at the Belgrade Theatre

£2.5m

£604k

Spent on gross payroll, creating full or part time employment for over 275 people

equivalent value of press coverage

leveraging £960k Arts Council grant

£5.7m

We attracted

turnover

Our average ticket price of £14.58 meant our tickets were affordable & accessible

£186,678 in philanthropic support

11,510

2

apprenticeship posts making 30 since 2009 &

5,079

work placement hours

We earn

73%

of our income Up from 46% in 08/09

Economic Impact

£7.29 GENERATED FOR EVERY £1 OF COVENTRY CITY COUNCIL FUNDING

£8.4m worth of local economic impact

children, young people & aged 50+ participated in workshops, and

41,437 tickets for children and young people sold

Cultural & Social Impact

BROADENING CULTURAL ENGAGEMENT & SOCIAL COHESION

Printed on FSC paper

£10.5m

Coventry City Council grant


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